Issue 2: 19th January 2015

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    Meetings market merger

    Online event management platform Cvent has acquired hospitality marketing company Elite Meetings International for an undisclosed fee. The deal illustrated the growing importance of online distribution in the meetings sector, with the combined company planning global growth. EMI’s online venue-sourcing tools for meeting planners will be integrated into Cvent’s hospitality cloud offering. Reggie Aggarwal, founder [...]
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    Airbnb makes Europe tax move

    Airbnb has agreed to collect tourism tax from guests in Amsterdam, the first such deal the company has made in Europe. Last year saw Airbnb make a concerted move towards portraying itself as a more professional organisation, with a brand facelift and a number of deals in various jurisdictions, largely in the US. The first [...]
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    TripAdvisor takes Dutch restaurant double

    TripAdvisor has acquired Dutch online restaurant review and booking sites Iens and Seatme for an undisclosed fee. The deal is the first of the year for TripAdvisor and builds on last year’s LaFourchette buy, which saw it move into the restaurant review sector in Europe. The deal is reported in the Dutch press to value [...]
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    Priceline strikes ahead with mobile

    Priceline is seeking to stay ahead of the technological curve, announcing that it is to integrate Apple Pay as well as providing the booking engine for an innovative in-car hotel reservations product in the US market. The company continues to see mobile as a key battle ground with its fellow online travel agents and has [...]
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    Ctrip continues overseas push

    Ctrip has taken a majority stake in UK-based low-cost aggregator Travelfusion, for an undisclosed fee. The deal is a latest in a series of international moves for the company, which is seeking to expand outside its domestic Chinese market. Travelfusion aggregates more than 200 low cost carriers, full service carriers, rail operators and more than [...]